Features, News & Blogs
Yum! Brands Inc. has declared a dividend of $0.335 per share of common stock. The quarterly dividend will be distributed May 3 to shareholders of record at the close of business on April 12, 2013. Since initiating a dividend in 2004, Yum! has …
PizzaRev, an artisan pizza concept based in Los Angeles, today announced that Buffalo Wild Wings has taken a minority position in its new concept. Terms of the deal were not disclosed. "The PizzaRev team is thrilled to have Buffalo Wild Wings as an …
Papa Murphy's reported its sales and growth milestones from 2012. In addition to expanding its national footprint to more than 1,325 locations, the chain achieved 25 record sales weeks during the year. The company's two-year sales comp grew nearly 9 …
Despite doubling system in 5 years, Marco's Pizza CEO wants moreThe Marco's Pizza franchise system has doubled in size in less than five years. Jack Butorac, CEO of the Toledo, Ohio-based chain, attributes the rapid growth to the company's "infrastructure." Specifically, Marco's has about 55 area reps in place …
Franchise industry veteran Lynette McKee, CFE, announced today the launch of McKeeCo Services LLC, a franchising and development strategic advisory firm. McKeeCo Services will provide franchise consulting to foodservice, hospitality, retail and …
Domino's pushing carryout business to add to store-level profitsDomino's Pizza is extending its early-week carryout special to Thursday. Previously the promotion — a large, three-topping pizza for $7.99 — ran Monday through Wednesday each week. Domino's is marketing the extension through a new …
Tips on keeping food purchasing costs downBy Jeremiah Higgins From renovations to computer systems, equipment to uniforms — restaurant costs have a tendency to add up. We can always keep a renovation basic or chalk up the cost of a new Sub-Zero to its investment value, but the one …
A forgotten key strategy in avoiding menu price increasesIt's tough to run a restaurant. We've taught customers to be value driven in their selections in eating out. The rising commodity prices continue to challenge restaurant operators providing the value customers seek balanced with profitability. The …
What is the No. 1 reason for food truck failures? Is the No. 1 food truck failure cause menu, location, marketing, branding, employees, team enthusiasm, or undercapitalization? No. Many small business experts believe that it is the failure to write an appropriate business plan — or failure to …
Is your catering experience scalable and predictable?When I talk to prospects and clients about their off-premise catering requirements, many of them tell me that they want a program that is scalable and predictable. They want a program that will make it easy to grow as they open additional …
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